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TowerPoint Capital (formerly Communications Capital Group) is a leading institutional investor in cellular site locations across the United States. Our mission is to leverage our significant knowledge base to create long-term value for our landlord and corporate partners.

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Statistics Surrounding Cell Phone Towers and Usage

If you are interested in leasing out your property as a cell tower location, or if you are already leasing a cell tower, you may want to learn about some small facts surrounding cell phone towers and cell tower leases.
The latest figures (as of November 2013) show that there are currently 190,000 cell phone towers around the United States, which is an astronomical increase from 1985’s figure of only 900 cell phone towers. Massachusetts leads all states in the list of highest cell tower lease rates, followed by New York, New Jersey, and Maryland. The average cell tower lease rate is $45,000 a year, and the lowest cell tower lease rate is $100. The average cost to build a cell tower is $150,000; and the maximum range of a tower is 21.7 miles.
It may also help to know some statistics about cell phone usage among those residing in the US. People generally believe that cell phones have enhanced their lives, with 76% of respondents in one survey saying they found mobile technology to be helpful. Sixty-five percent of respondents from the same survey also said cell phones have made them become better parents, and a growing percentage say they use their cell phones for other uses such as browsing the Internet and visiting social networks.

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